Oil and Gas News - US FERC Proposes New Rate Rules For Oil, Gas Pipelines

Main High Tech Gadgets Tech Stock Sectors Fortune 500 Tech 100 Fastest-Growing Techs The Browser Blog Technology Business News Business 2. WASHINGTON -(Dow Jones)- A policy statement the Federal Energy Regulatory Commission proposed Thursday would make way for the commission to consider master limited partnerships as it determines what rates oil and natural gas pipelines should be allowed to charge customers. Currently, the commission requires that companies included in the proxy group are publicly traded, tracked by an investment information service and have pipeline operations as a large portion of their business. But in light of the “shrinking proxy group,” it makes sense to consider allowing MLPs to be included in gas or oil pipeline proxy groups - if their cash distributions are capped at their reported earnings, Kelliher said. read more

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